1311 NW 2nd StFlorida CityFL33034
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Florida City at 1311 NW 2nd St, Florida City, FL, 33034 earns $137/mo cash flow from $4,230/mo rent with a $2,966/mo payment. Total monthly income totals $4,230/mo, and annual cash flow totals $1,641/yr on $199,341 capital. ROI tracks 20.88% on current figures, and rental yield reads 8.38% at a $605,900 purchase. Equity gained on principal adds $3,910/yr, and 5% annual appreciation supports $167,399 over five years. Five-year ROI reaches 108.78% and total cumulative return in cash sums $216,844. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,230/mo property income instead of your personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$72 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33034, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,884 (100%) |
| Owner Occupied HU | 4,205 (47.3%) |
| Renter Occupied HU | 4,271 (48.1%) |
| Vacant Housing Units | 408 ( 4.6%) |
| Median Home Value | $325,349 |
| Average Home Value | $418,352 |
Housing Distribution
Address Breakdown
Residential
8,092
Single Family
5,451
Multi-Family
2,641
Businesses
636
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alicia Ale • ONX Homes Florida Realty, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11571466
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.